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County17th of 106 in Missouri by approvalsFIPS 29021
SBA loans in Buchanan County, Missouri
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Buchanan County, Missouri, received 60 SBA loan approvals worth $52.8M in FY2021 to FY2025 (53 7(a), 7 504).
That is 29.6 approvals per 1,000 business establishments (2,027 establishments in 2023), below the Missouri figure of 37.6 and below the national 41.0.
It ranks 17th of 106 Missouri counties with approvals. In FY2025 there were 16, up 33% on FY2024.
29 lenders had approvals here; the most active were Mo-Kan Development, Inc. (7), Busey Bank (5) and Bank Northwest (5). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Buchanan County
By number of approvals to businesses in the county, FY2021–FY2025; 29 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Mo-Kan Development, Inc.St. Joseph, MO · CDC | 7 | $1.4M | 11.7% | |
| 2 | Busey BankChampaign, IL | 5 | $8.4M | 8.3% | |
| 3 | Bank NorthwestHamilton, MO | 5 | $1.8M | 8.3% | |
| 4 | OakStar BankSpringfield, MO | 3 | $4.9M | 5.0% | |
| 5 | Fusion BankLarned, KS | 3 | $2.8M | 5.0% | |
| 6 | Community Banks of Colorado, A Division of NBH BankGreenwood Village, CO | 3 | $1.5M | 5.0% | |
| 7 | Commerce BankKansas City, MO | 3 | $500K | 5.0% | |
| 8 | U.S. Bank, National AssociationCincinnati, OH | 3 | $168K | 5.0% | |
| 9 | Byline BankChicago, IL | 2 | — | 3.3% | |
| 10 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 3.3% | |
| 11 | The Huntington National BankColumbus, OH | 2 | — | 3.3% | |
| 12 | Live Oak Banking CompanyWilmington, NC | 2 | — | 3.3% | |
| 13 | Southern BankPoplar Bluff, MO | 2 | — | 3.3% | |
| 14 | Small Business BankLenexa, KS | 2 | — | 3.3% | |
| 15 | Northeast BankLewiston, ME | 2 | — | 3.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 8 | 13.3% | |
| 2 | Paper and Paper Product Merchant WholesalersNAICS 4241 | 5 | 8.3% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 6.7% | |
| 4 | Architectural and Structural Metals ManufacturingNAICS 3323 | 3 | 5.0% | |
| 5 | General Freight TruckingNAICS 4841 | 3 | 5.0% | |
| 6 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 3 | 5.0% | |
| 7 | Sawmills and Wood PreservationNAICS 3211 | 3 | 5.0% | |
| 8 | Home Health Care ServicesNAICS 6216 | 3 | 5.0% | |
| 9 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 3 | 5.0% | |
| 10 | Traveler AccommodationNAICS 7211 | 2 | 3.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 11 | 18.3% | |
| 2 | Manufacturing | 8 | 13.3% | |
| 3 | Retail Trade | 6 | 10.0% | |
| 4 | Health Care and Social Assistance | 6 | 10.0% | |
| 5 | Transportation and Warehousing | 5 | 8.3% | |
| 6 | Wholesale Trade | 5 | 8.3% | |
| 7 | Professional, Scientific, and Technical Services | 4 | 6.7% | |
| 8 | Arts, Entertainment, and Recreation | 4 | 6.7% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 3 | $3.8M | $85K | 0 | — | 3 | 48 |
| FY2025 | 14 | $14.9M | $621K | 2 | — | 16 | 351 |
| FY2024 | 11 | $8.5M | $485K | 1 | — | 12 | 147 |
| FY2023 | 10 | $10.3M | $675K | 1 | — | 11 | 195 |
| FY2022 | 8 | $9.6M | $475K | 3 | $779K | 11 | 229 |
| FY2021 | 10 | $8.0M | $745K | 0 | — | 10 | 302 |
| FY2020 | 9 | $15.3M | $1.3M | 1 | — | 10 | 133 |
| FY2019 | 1 | — | — | 3 | $4.1M | 4 | 19 |
| FY2018 | 13 | $7.8M | $150K | 1 | — | 14 | 141 |
| FY2017 | 8 | $1.0M | $139K | 3 | $352K | 11 | 68 |
| FY2016 | 5 | $1.2M | $150K | 0 | — | 5 | 75 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 44 approvals.
Against Missouri and the country
| FY2021–FY2025 | Buchanan County | Missouri | United States |
|---|---|---|---|
| Approvals | 60 | 5,688 | 342,825 |
| Approvals per 1,000 establishments | 29.6 | 37.6 | 41.0 |
| Median 7(a) approval | $510K | $225K | $190K |
| Median 504 approval | $207K | $553K | $657K |
| Average approval | $880K | $569K | $573K |
| 504 share of approvals | 11.7% | 9.9% | 11.0% |
| Jobs supported per approval, as reported | 20.4 | 11.0 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less6.7%4
- $50,001 to $150,00020.0%12
- $150,001 to $350,00021.7%13
- $350,001 to $1 million25.0%15
- $1 million to $2 million11.7%7
- Over $2 million15.0%9
Age of the businesses
- Existing, more than 2 years old53.3%32
- New business, 2 years or less11.7%7
- Startup, loan funds will open the business18.3%11
- Change of ownership16.7%10
Questions and answers
Which lenders make the most SBA loans in Buchanan County?
By approvals in FY2021 to FY2025: Mo-Kan Development, Inc. (7), Busey Bank (5), Bank Northwest (5), OakStar Bank (3), Fusion Bank (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Buchanan County?
The median 7(a) approval was $510K and the median 504 approval $207K; the Missouri 7(a) median was $225K.
Which industries get the most SBA loans in Buchanan County?
Restaurants and Other Eating Places (8); Paper and Paper Product Merchant Wholesalers (5); Other Amusement and Recreation Industries (4); Architectural and Structural Metals Manufacturing (3); General Freight Trucking (3).
Is SBA lending in Buchanan County rising?
Approvals in the three latest complete fiscal years total 39, against 31 in the three before: rising (+26%).
How does Buchanan County compare with the rest of Missouri?
29.6 approvals per 1,000 establishments against 37.6 statewide, and 60 of the state's 5,688 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error